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Article #2190

Re: Have millions lost their 40 years of pension investment?

#2190
From: 1X2Willows
Date: Sat, 04 Feb 2012 02:38
103 lines
5514 bytes
Rod Speed wrote:
> no.top.post@gmail.com wrote:
>
>> I'm hearing that a substantial section of US population
>> had the value of their decades of investment & saving
>> in pensions, wiped out over a few days.
>
> That is a bare faced lie.
>
>> If this is true,
>
> It isnt.
>
>> how will it effect the attitude towards saving for future
>> generations?
>
> It wont because that didnt happen.
>
> The US has always had a situation where some do lose their
> pension when the operation they are working for goes bust.
>
>> We see already that the 1920's experiences have
>> drastically effected the German attitude to economics.
>
> And we have seen that they didnt with the US.
>
>> The current, shorter term problem of forced austerity causing
>> unemployment, is a different issue, which I'm NOT discussing here.
>
> Its has in fact only produce unemployment rates in the US that many
> european countrys would sell their first born into slavery to get.
>
>> It's starting to look as if the Mediteranians had the right idea
>
> Try telling that to the greeks. Dont be TOO surprised when they just
> laugh in your face.
>> to NOT 'save and live within your means', because we who
>> did so, just had our savings looted.   Better just enjoy life.
>
> Try telling that to the greeks. Dont be TOO surprised when they just
> laugh in your face.
>> As a 3rd world resident, of Swiss parentage, I'm a
>> Swiss citizen by Swiss law.  So I volantarily contributed
>> to the Swiss national [AHV] pension for several years.
>
>> As South Africa degenerated into political chaos, in the
>> 90's and foreign exchange restrictions made it impossible
>> for me to get my pension payments to Switzerland on time,
>> the AHV saw the opportunity to "cancel my membership",
>> and loot my contributions.
>
> You could do the decent thing and set fire to yourself
> outside the parliament building in Geneva.
>
>> Documentation dating back to the 90's revealved that the
>> AHV accounts were under strain then.  Apparently, working
>> on statistical principles, if they could disqualify, and loot the
>> contributions of sufficient victims, the AHV could improve
>> its situation. Members like me who would soon be eligible
>> for benefits were particularly profitable victims.
>
> See just above.
>
>> The most unethical part is perhaps, that when the AHV
>> invited citizens to PAY, via 'adverts' from their foreign
>> embassies, they had no problem in communicating in English.
>> But after they decided to loot the victims, they could not
>> understand English, and all official correspondence to the
>> effect, repeatedly, of <you have 30 days to appeal> was
>> delivered in German LEGALESE which I had to pay to get
>> translated.
>
> See just above.
>
>> Since my contributions and corresponding benefit entitlments
>> were low, my situation is not disasterous. But I consider it my
>> civic duty to publicise this matter,
>
> You'd get a lot better publicity if you set fire to
> yourself outside the parliament building in Geneva.
>
>> and point out that if the Swiss government department/s
>> are so unethical, this may reflect a national charcteristic,
>
> LIkely it does given that they so enthusiastically helped the
> germans to launder gold stolen from the jews they externinated
> and that they got from their teeth after cremation.
>
>> and I'd advise anyone against dealings with Swiss businesses
>> which leaves them vunerable to situations like I've described.
>
> Bugger, does that mean I will have to shut down my swiss bank
> accounts ?
> Where do you propose I move all that money to ?
>
>> Perhaps the nazi-looted-Jews case confirms my point.
>
> You've been reading my mail, havent you ?


What amusing proof of an entire nation's education delegated to Jollywood.

Why wasn't this posted to soc.culture.sweden in the first place? 
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From: "1X2Willows" <nospam@this.addy>
Newsgroups: sci.econ,ch.soc.law,soc.culture.swiss
Subject: Re: Have millions lost their 40 years of pension investment?
Date: Fri, 3 Feb 2012 18:38:55 -0800
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